We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....

We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....

To analyze players' strategic alliance behavior, we introduce a new noncooperative coalitional bargaining model, in which each player can buy out other players with upfront transfers. We uncover the role of an essential player in a transferable utility game, or a veto player in a simple game, in...